More people putting their homes on the market in Palm Beach County as interest rates drop
A balanced market where neither the buyer or seller have the upper hand happens when there is 5.5 to six months supply of ...
If you own a home or hope to buy one soon, what does the Fed’s interest rate cut mean for you?
Over the past few years, elevated mortgage rates and sky-high housing prices have contributed to a lack of home affordability ...
Average mortgage rate falls
Borrowing costs on 15-year fixed-rate mortgages, popular with homeowners seeking to refinance their home loan to a lower rate, also eased this week with the average rate falling from 5.27% to 5.15%. A ...
US home sales dropped in August
LOS ANGELES -- Sales of previously owned U.S. homes fell in August to the slowest annual pace in nearly a year even as ...
The San Bernardino Sun5h
Lazerson: Rate cut means home prices will moderate as inventory rises
A host of economists I surveyed offered modest expectations after central bankers cut their benchmark interest rates for the ...
News4Jax6h
The Federal Reserve cut interest rates by a half point. But how does this impact you?
The Fed cut its benchmark interest rate by an unusually large half point on Wednesday. High interest rates for the last two ...
WISH-TV7h
Lender: It’s time to act after Fed drops interest rates
Mike Wood, the founder of mortgage lender Bailey & Wood Financial Group, talks Sept. 18, 2024, about the Fed's action.
KPBS8h
Interest rate cuts by the Federal Reserve may not make it easier to buy a house in San Diego
This week the Federal Reserve cut interest rates for the first time in four years, making it easier to borrow money. But its ...
The North Bay Business Journal9h
North Bay real estate, wealth insiders rejoice Fed rate cut
The Fed cutting the benchmark rate is considered a step in the right direction for real estate and finance industries.
Housing market, economy expected to benefit from Fed slashing interest rates
Home buyers, sellers and realtors are celebrating on the heels of the Federal Reserve’s decision Wednesday to lower the lending rate a full half-point.
The average 30-year mortgage rate has fallen to its lowest level since February 2023
Borrowing costs on 15-year fixed-rate mortgages, popular with homeowners seeking to refinance their loans to a lower rate, ...
The Fed says its long-awaited rate cut is apolitical, even close to the presidential election
The Federal Reserve’s first key interest rate cut in four years coincides with another major four-year event: the homestretch of the presidential election. Fed Chair Jerome Powell downplayed the ...